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Demographics
Population
Median Income
Racial Distributions
Youngwood, Pennsylvania, is classified as a Low Diversity community with a White Majority. In 2022, the white population comprised 94% of the total, exceeding the 75% threshold for Low Diversity classification. The city's median income has increased, reaching $67,249 in 2022, while the population has remained approximately 3,000 residents over the past decade.
Over the past decade, Youngwood has maintained its status as a Low Diversity, White Majority community. There are minor indications of increasing diversity, progressing at a slow rate. The percentage of white residents has decreased from 98% in 2013 to 94% in 2022. This change is attributed to small increases in the Black, Hispanic, and Two or More Races categories.
The community shows early signs of potentially transitioning towards a Transitional Community, particularly with the growth in the Two or More Races category from 1% in 2013 to 4% in 2022. This trend suggests a gradual shift towards increased diversity.
The median income in Youngwood has shown a positive trend, increasing from $56,130 in 2013 to $67,249 in 2022, representing a growth of 19.8% over nine years. This economic improvement coincides with the subtle demographic shifts, suggesting a possible correlation between increasing diversity and economic growth.
The population has remained relatively stable, decreasing slightly from 3,027 in 2013 to 2,955 in 2022, a decline of 2.4%. This stability in population, combined with increasing median income, indicates a steady economic environment despite minor demographic changes.
Many small towns across the United States are experiencing similar trends of slow diversification. Youngwood's pace of change appears to be slower than many other areas, maintaining a higher percentage of white residents compared to national averages.
Based on observed trends, Youngwood will likely continue its gradual transition towards increased diversity over the coming years. It may remain in the Low Diversity category for the foreseeable future, with potential to eventually transition into a Moderate Diversity community if current trends accelerate.
Economically, if the correlation between increasing diversity and rising median income continues, further economic growth may be expected. The rate of change suggests this will be a slow, long-term process rather than a rapid transformation.
Youngwood remains a Low Diversity, White Majority community. Subtle demographic shifts and consistent economic growth indicate a gradual evolution towards a more diverse and prosperous future. The community appears to be in the early stages of a long-term transition, balancing traditional demographics with emerging diversity and economic development.